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the matters as we count down to the closing bell. >>> boston market on the business of thanksgiving. much more "squawk on the street" straight ahead. nobody said an inkjet had to be slow. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. ♪ >>> about six minutes before the opening bell rings on wall street. let's bring in art cashin of the ubs financial services. on the day of the rally we had great headlines about the fiscal cliff. today there might be speed bumps and we're looking to open lower. looks like a long month ahead for
and atmosphere is like in boston for governor romney's campaign headquarters. for that we go to hampton pearson. >> reporter: how are you doing, phil. mitt and ann romney voted a few moments ago here in boston. a bit of an irony. no expert or citizen expects romney to carry massachusetts, his home state. experts say he'll be lucky if he matches 36% that john mccain got four years ago when he ran against barack obama. it's not just the fact that massachusetts is a state that tilts democratic. frankly voters here have similar complaints to what has been heard nationally about the former governor. >> i don't think there's a mystery about mitt romney. i think the united states is learning what we learned here. we're never exactly sure if he means what he says and how long he's going to stick with it. >> reporter: the real action in massachusetts is the dead heat contest for the senate between scott brown, the republican, and elizabeth warren, the democrat. voter turnout could top 70%. some 3 million plus votes being cast in one of the most closely watched senate races in the country that could very
from the jersey shore through long island. serious coastal flooding south of boston and down toward cape cod. what about the snow? there's a cold pool of air over southeastern new york into northeastern pennsylvania that will get sucked down toward the new york metropolitan area this afternoon. that's where the big wild card is. we know several inches of wet snow will pile up somewhere in new jersey up through southeastern new york to the northwest of new york city. what about the city itself and western long island, southwest connecticut, where the trees have leaves on them. why is that so important? we're just recovering in that vicinity from the power outages now. when trees get leaves and snow falls on those leaves, it brings downed branches and starts a new round of power outages all over again. we'll know much more in the next couple of hours as precipitation first moves in and we'll play it throughout the afternoon step by step to see how it's going to pan out. >> all right. thank you so much for that. todd gross back at headquarters. today is back to lining up defensive play
factor right now especially close to new england. i'm south of boston. take a look. you have the boats in the water and that water is churned up. the winds consistent, 30, 40, close to 50 miles per hour sustained. over the last several hours. seen gusts still clocking in at 60 miles per hour. we had a report out towards the cape of 60 miles per hour and nantucket with a peak wind gust of 68 miles per hour and seeing reports with the consistent winds of some coastal flooding including high water over the roads in nantucket. a few trees down and led to scattered power outages. you can see behind me, higher water this morning and we are now not at high tide and not seeing the stray come up and over. that was a concern, as well. when's interesting about this storm is winding down and pulling away, wind is still going to be such a huge factor. easing winds means 20 to 30 miles per hour as we get in to the evening opposed to 40 or 50 miles per hour. but that's going to be the case even going through the end of the day today. snow not so much an issue along the coast. it's been the wind and t
. bill is a friend columnist at "forbes," a boston-based venture capitalist. i like to read just about everybody you write, bill. welcome. viewers, be careful. he's a self-proclaimed libertarian. tell me and tell sully a bit about your article that we all found so interesting about why you should never discuss politics at thanksgiving tables. >> thank you, rick and happy thanksgiving. it's a minefield with family and friends if you're a bit of an outlier. i live in boston and am -- one of the things they're not used to is someone who disagrees with their opinions. they're so used to arguing with strawmen that when they get up against somebody who has thought through issues is a bit of a stock. really warm people, great hosts, i was surronalded by college professors for the evening. the evening did start out slowly, and i did try to hold my tongue. they were congratulating themselves for being so smart. it ended up becoming quite lively by the end of 9 night. >> it always gets lively around my holiday dinner table as well, but at the epicenter of this was a debate about our constitution
27 minutes at 11:30. we'll start with the markets. art hogan joins us from boston. good morning to you. >> good morning. >> is this what you expected? china pmi decent. not sure if people expected 1% out of that. >> it's interesting. we've seen an improvement over the last month or so in the economic ad calendar across the board. while that's happening, we're seeing real sloppy earnings season. the contradictions here are loud and clear. what i think we're seeing, the fact we went from june to september. since then, we're getting back about 4% on the s&p, about 6.2% on the nasdaq. we've had a bit of a correction into this earnings season and didn't expect better than expected numbers out of china for sure, but the consistency out of the improvement was catching everybody by surprise and probably portends something for tomorrow's job numbers. >> given the fact that not every trading desk is fully staffed, who know what is d order flow is like given what's normal. that niese numbers at the dow, even the s&p's may not be accurate, relative to sentiment? >> it's interesting that you
markets, which are the first four markets we launched. d.c., new york, boston, and san fran. and the margin expansion in those markets beat even our prior estimates of where we might go. so the margins are continuing to expand as well. >> let me pick up on some of those metrics. a lot of people are very negative on the stock. i've got mkm partners. they think it will half in value to $4. they have a stock recommendation. on that question of margins specifically, you don't break out your fleet costs, do you? in the present environment, presumably you're making money, because that is theamic that, as you sell cars, they are -- it's a higher margin experience now than arguably it might be next year. >> there were three or four factors in our margin expansion, quite frankly. quite frankly, the vehicle sales and proceeds from sales was the smallest of the three or four i'm speaking of. so most of it came from improved utilization and other margins. we've dropped our costs quite a bit. we got into the asset-backed security markets half a year ago and rolled our entire fleet into t
for what he does and real commitment. >> reporter: nearly 30 years ago cook founded boston beer company maker of sam adams. >> nobody would lend me money when i started sam adams. >> reporter: now he is trying to help other food and beverage start-ups. his samuel adams brewing the american dream fund has provided over 200 loans, averaging $8,000 apiece. claiming to creator saved 1300 jobs. >> i received $15,000 loan. and i'm going to be paying it over the next five years. >> reporter: interest rates average 8%. and cook says the default rate sunday 5%. the fund teams with local economic developers to find the right start-ups. >> we have 250,000 entrepreneurs here in l.a. it has been said lay slay a small business capital of the country. and it is. >> check e-mail. >> edward is using his loan to open a storefront with plans to hire up to eight people. in an economy where traditional jobs and loans seem harder to come by, jim cook wants to support promising people scooping out a new path. >> while you have your ups and downs, you know, if you really loved what you do, you never work a day
Search Results 0 to 7 of about 8